Collaborating with over 750 composers, artists and producers from across the globe, we’ve built a world-class catalogue of original music spanning every conceivable style, mood and instrumentation. And while we’ve grown a lot since starting out in 2001, we still focus on our customers and these three core values:
The highest quality music
We only record with the best, authentic musicians and composers at the top recording facilities in the world.
Simple pricing and licensing
All of our music is pre-cleared for multiple platforms, worldwide, forever. We liberate music for content creators around the world, so whether you're making a YouTube video or a blockbuster film, we've got a licence that works for you.
Creativity
Designed with creatives in mind, our music is used around the world by some of the media industry's biggest names: the BBC, National Geographic, Discovery and MTV. And with 1000 tracks added monthly, you'll always be able to find new music. Finding the track that expresses the mood you want to create in your work has never been easier. That’s what we call liberating music.
Company Growth (employees)
Audio Network was founded in 2001 and is headquartered in London, GB
Audio Network Office Locations
Audio Network has an office in London
London, GB (HQ)
54 St John's Square
Audio Network Data and Metrics
Summary Metrics
Founding Date | 2001 |
Total Funding | $471 k |
Latest funding size | $471 k |
Time since last funding | over 12 years |
Audio Network's latest funding round in January 2005 was reported to be $471 k. In total, Audio Network has raised $471 k
Audio Network Financial Metrics
Audio Network's revenue was reported to be £20.5 m in FY, 2016 which is a 16% increase from the previous period.
GBP
Revenue (FY, 2016) | 20.5 m |
Revenue growth (FY, 2015 - FY, 2016), % | 16% |
Gross profit (FY, 2016) | 19.6 m |
Gross profit margin (FY, 2016), % | 95% |
Net income (FY, 2016) | 5.1 m |
Cash (30-Jun-2016) | 2.6 m |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 14.8 m | 17.7 m | 20.5 m |
Revenue growth, % | 20% | 16% | |
Cost of goods sold | 543.4 k | 733.6 k | 958.8 k |
Gross profit | 14.2 m | 16.9 m | 19.6 m |
Gross profit Margin, % | 96% | 96% | 95% |
Operating expense total | 8.4 m | 10.8 m | 13.2 m |
Pre tax profit | 5.9 m | 6.2 m | 6.4 m |
Net Income | 4.6 m | 5 m | 5.1 m |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 3.9 m | 1.4 m | 2.6 m |
Accounts Receivable | 5.2 m | 6.8 m | 9 m |
Current Assets | 9.6 m | 10.1 m | 14.7 m |
PP&E | 399.8 k | 508.4 k | 525.9 k |
Goodwill | 2.2 m | 3.4 m | 3.4 m |
Total Assets | 12.1 m | 14.1 m | 18.7 m |
Accounts Payable | 712.1 k | 384.7 k | 785.6 k |
Current Liabilities | 4.3 m | 4.3 m | 5.8 m |
Total Liabilities | 4.4 m | 4.5 m | 5.9 m |
Retained Earnings | 2.6 m | 3 m | 3 m |
Total Equity | 7.8 m | 9.6 m | 12.8 m |
Financial Leverage | 1.6 x | 1.5 x | 1.5 x |
| GBP | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash From Operating Activities | 5.4 m | 5.5 m | 6.1 m |
Cash From Financing Activities | (265 k) | (515.6 k) | (1.2 m) |
Income Taxes Paid | (1.2 m) | (1.2 m) | (1.3 m) |
| Y, 2016 | |
|---|---|
Financial Leverage | 1.5 x |
